Just need some clarity on the BRRRR model.Purchse price: $300,000Rehab: $100,000All in: $400,000Appraisal:$650,000Equity: $250,000For this example, lets say I put down 20% of the purchase price ($60,000) as a down pay...
I am truly inspired by real estate. My intentions indicate fix and flip, and rentals, preferably Small Multi Family. I am 17 years young with a couple questions for the savvy individuals aboard Bigger Pockets. Now to ...
Fairly new to the real estate scene and am interested in purchasing a multi-family, preferably a quadplex, by the end of the year.
I have been exploring DSCR loans as a mechanism of financing. The yielded BP forum p...
I had a deal fall into my lap. Suffice it to say I have to take the deal one way or the other. No choice really. 20k owed on back taxes. No liens that I know of. I can loan the money or buy it outright. It's a family...
Ok, so I have a question. I understand the beginning to a wholesale deal is finding a property and putting it under contract. I have a purchase agreement and an assignment contract. I understand that I can assign con...
Well, Minneapolis and Saint Paul decided last night that 99% of Nobel winning economists just don’t know economics as well as they do and decided to adopt rent control and save the cities. A 3% maximum rent increase e...
https://abcnews.go.com/Health/...Yes, they are giving tenants an additional year to catch up on rent. I would love to know how someone can be that far behind on rent when they've received two stimulus checks, unemploy...
I've gotten so many investors asking me what areas, neighborhoods, ZIP codes I've worked in, it's ridiculous. STOP DOING THAT TO PEOPLE.Do people have no shame when they are essentially trying to drink from the same w...
This is just a question I’ve been wondering as we deal with a huge housing crisis in our city.is it moral to convert properties to short term rentals in a city with a deep housing crisis?if a city has 500 units conver...
Hi everyone,I am looking at some turnkey providers and would like to know about you guys' personal experiences. They do have a big inventory and they do provide a vast variety of properties. They do charge markups on ...